Atrium European Real Estate Limited

EANS-Adhoc: Atrium European Real Estate Limited

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Jersey, 11 August 2010. Atrium European Real Estate Limited (the "Company") (VSE/ Euronext: ATRS), one of the leading real estate companies focused on shopping centre investment, management and development in Central and Eastern Europe, announces that its Board of Directors resolved yesterday evening to pursue claims against a number of persons ("Defendants") in the English High Court.

The Defendants are: (1) Julius Lindbergh Meinl, (2) Meinl Bank Aktiengesellschaft, (3) Julius Meinl Aktiengesellschaft, (4) Peter Weinzierl, (5) Stephan Visy, (6) Günter Weiss, (7) Georg Kucian, (8) Heinrich Schwägler, (9) Karel Römer, and (10) Meinl European Real Estate Limited. The claim is for the sum of over E2 billion in loss and damage suffered by the Company in connection with actions relating to the former management (prior to 1 August 2008) of the Company, when it was known as Meinl European Land Limited.

For further information:

Financial Dynamics: +44 (0)20 7831 3113 Richard Sunderland

Laurence Jones

or in Austria

WOLF THEISS Rechtsanwälte GmbH: +43 (0)1 515 10 5200 Bettina Knötzl

end of announcement                               euro adhoc

Further inquiry note:

Financial Dynamics, London
Richard Sunderland / Laurence Jones
Phone: +44 (0)20 7831 3113

Branche: Real Estate
Index: Standard Market Continous
Börsen: Wien / official market

Original-Content von: Atrium European Real Estate Limited, übermittelt durch news aktuell

Weitere Meldungen: Atrium European Real Estate Limited

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